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Research.
B- Not playing any games just curious.
X- Why not 482 or 1000 SP.
I think a market cap around 250m in a couple of years isn't out of reach, which would give a share price of around 192p assuming no further dilution. So I'm looking around that level for a slice. I plan to hold a smaller number for longer to see Little Deer come into play.
Reg1
Are you still playing your games. At your age. You should know better.
Have you been kicked out of The Langley club.
Deustche bank doesnt look too bad.
xenor, what your Target price.
If you think it's a value trap then sell your shares to an investor. I'm looking for way more than 25p and the short term price movements mean little. I've enjoyed building a good position during the lows, allowing me to average down from 47p to 31p. When we hit my price target I'll be in a lot more profit than I otherwise would have been if we didn't drop so much.
I can't think of a better investment on the market right now, but do your own research and draw your own conclusions.
Continued rise is based on optimism of upcoming news....financing and stope progress towards production...... need to be aware of what's been said in meetings and releases ....then make your mind up on your stance!
Ah, how I've missed the ****posting on here..
The prospects for this company go well beyond the next piece of financing news. We will be selling copper at market prices in the next couple of months at full mill utilisation with 6-7 stoping fronts open and copper at $9300 a tonne. As Toby described it - a light switch moment.. sorry if you missed the bargain price. Up we go.
I have no idea at this time, as the market does what it wants. I hope its not a Value trap otherwise i could be in deep trouble.
Best sell then.
Maybe not.
The market loves to trap investors with price going up or down just before news events or data release. Then goes opposite.
Over 50 day blue is the colour
Stockopedia gives every stock a label like that based purely on its financials and charts, not taking into account anything else about a company, for example if it is a turnaround under new management. So it's semi-useful at-a-glance but no more than that. But I suspect you knew that already.
Good few days here - credit deal announcement in the wind IMO.
I like RMM. it was jut good to question it.
you just have to read the regulators previous posts a quick scan through them and you easily disregard anything posted IMO
GLA
I was reading on investopedia and that what it defined value trap and thought...hmm could this apply to RMM.
https://www.investopedia.com/terms/v/valuetrap.asp
It's a soon to be profitable copper miner based in Canada. I don't believe in nonsense like value trap, bull flag, bear trap, false top etc. The day traders are all in crypto currency nowadays.
No
is RMM a value trap? https://www.stockopedia.com/share-prices/rambler-metals-and-mining-LON:RMM/